Wall Street To Washington

Andrew Ross Sorkin's column today, which appears under the headline "Roadblocks en Route From Wall Street to Washington," has some problems.

Mr. Sorkin writes: "Henry Paulson, the former chief executive of Goldman Sachs, was the last Wall Street executive to be appointed Treasury secretary." Not accurate. The current Treasury Secretary, Jacob Lew, is a former Wall Street executive, having earned a bonus of $940,000 for his work at Citigroup in 2008 on top of his base compensation of $1.1 million.

Mr. Sorkin describes Donald Trump as "perhaps the candidate with the closest ties to Wall Street." He doesn't mention that John Kasich was a Lehman Brothers managing director who earned $1.4 million from Lehman in 2008, or that Jeb Bush worked for seven years as a paid adviser to Lehman Brothers and its successor Barclays, for which he reportedly earned between $1.3 million and $2 million a year.

Mr. Sorkin writes, "no matter who wins the presidency this fall, chances are slim that anyone connected to Wall Street has a prayer of securing a top post in the administration." The article fails to consider the possibility that Michael Bloomberg wins the presidency.

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